FANNIE MAE OWNS NOTHING–FANNIE MAE PDF

Reader and fellow Fannie fighter P Nach submitted this PDF of a Fannie Mae document which contains-right on page one– the statement that “The mortgages that back a Fannie Mae MBS are held in a trust on behalf of Fannie Mae MBS investors and are not Fannie Mae assets.”  P Nach requested that I post this, so here it is (thanks, P Nach!):

2012 02 06 Fannie Mae-Basics-of-MBS

The post “FANNIE MAE, BY ITS OWN ADMISSION, OWNS NOTHING” has also been updated with this PDF.

About eggsistense

Writer, musician, cartoonist, human being
This entry was posted in Debt, Fannie Mae, Financial Terrorism, Foreclosure and tagged , , , , . Bookmark the permalink.

3 Responses to FANNIE MAE OWNS NOTHING–FANNIE MAE PDF

  1. Pingback: FANNIE DOESN’T OWN $#!+–COURTS DON’T CARE | LIBERTY ROAD MEDIA

  2. Debra says:

    Do you have the PDF or word doc saved on this? I have the jpeg file but hard to read so small.

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